Tuesday, October 15, 2013

Global Markets For Nanotechnology To Reach $48.9 Billion By 2017

Nanotechnology continues to have a broad and fundamental impact on nearly all sectors of the global economy. Increased research and development (R&D) funding in both the private and public sectors are driving the development of commercial nanomaterials applications such as nanocatalyst thin films for catalytic converters, as well as new and emerging technologies such as nano-thin film solar cells, nanolithographic tools, and nanoscale electronic memory. BCC Research expects, increased R&D spending and rising demand for miniaturization in electronics, as well as public health and environmental concerns, to shape growth in this market for the foreseeable future.

BCC Research provides an in-depth analysis of the global markets for nanotechnology through its report Nanotechnology:A Realistic Market Assessment. According to the report, this market was estimated at $20.1 billion in 2011 and reached $20.7 billion in 2012. BCC Research projects the market to grow to $48.9 billion by 2017, and register a five-year compound annual growth rate (CAGR) of 18.7% from 2012 to 2017.

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Use this report to:
  • Gain an overview of the global market for nanotechnology.
  • Analyze global market trends, with data from 2011 and 2012, and projections of compound annual growth rates (CAGRs) through 2017.
  • Identify segments of the nanotechnology market with the greatest commercial potential in the near to mid-term (2012 through 2017).
  • Project future demand in the nanomaterials, nanotools, and nanodevices segments.
  • Evaluate the challenges that must be overcome for each of these segments to realize their commercial potential.
  • Review information on relevant patents as well as major players involved in the industry.
The report is especially intended for entrepreneurs, investors, venture capitalists, and other readers with a need to know where the nanotechnology market is headed in the next five years. Other readers who will find the report particularly valuable include nanotechnology marketing executives and government officials associated with the National Nanotechnology Initiative and other state-level programs that promote the development of the nanotechnology industry.  The report’s findings and conclusions will also be of interest to the broader nanotechnology community.

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